I'm actually looking into a couple different commercial investments. One is a hospitality venture and one is a hospitality/bar venture that will also be a redevelopement concept that's going to be a rehabing of a neighborhood that desperately needs to be done. Which could very well turn into some new storage units for the community as well
I've invested in vacation rentals over the last few years. With skyrocketing prices and the bandwagon jumping into short term rentals, I'd love to learn more about the least sexy asset class... warehouses. Zig when everyone zags.
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
The wealth you pass to the next generation can have a profound impact on your heirs, providing educational opportunities, the capital to start a business, or financial support to your grandchildren.
To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal. Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
Having been in both residential and commercial markets since 2001, this is a great channel! Would love to help as many people as I can, in either lane. Newly Minted Subscriber
@@annaparrilha, I would suggest searching Commercial Lending basics and then graduate to Commercial Lending underwriting. This will give you a comprehensive overview.
Should i start with residential first before going commercial or can i go straight into commercial? And one more thing i don't like the idea of putting myself on a lease agreement and like going full cash so here my question,is it bad to go full cash or is leasing the better option for commercial real estate?
I just started my journey in CRE and it's difficult it seems. First off, you need a hefty 30% down payment before u can entertain a deal. Is this negotiable at all? It seems pretty cemented. Would love to get others opinion. I am looking into office condos in the Phx market and my wife and I live in SoCal. Primarily doing this to help with taxes and get some write offs. Any advice from credible/seasoned investors? Greatly appreciated!
Most of the properties I've bought have been with 20% down. Also, in some instances you get get the seller to finance a portion on the note to get your DP closer to 10-15%.
Yes - commercial real estate brokers specialize in helping you buy, sell, and lease commercial properties and typically don't venture into the residential world since the asset types are so different
Yes more of this please! Also if you’re a first time RE investor would you suggest starting with residential before commercial to get experience?Or can go right into commercial with the right information?
We'll definitely keep them coming! If you're a first time real estate investor, I highly recommend finding a partner that has commercial experience that can show you the ropes. That's how I got into both syndication and development and it definitely helped me jump ahead in the business
Hey here from Korea im so impressed by your persoective as current commercial real estate fund manager. Hope keep seeing and communicating your opinion.
Thank you for that overview! I would like you to go over some of the titles of the books you recommend! 📚 as well as the links to best TH-cam 🎥 videos for getting the meat 🍖 & potatoes 🥔 of real estate & commercial real estate. I know your “Videos” section is loaded with great podcasts from the past, but I want to see if you have specific ones “PINNED” in some way, highlighting the best strategies from start to finish. Thanks!
Tyler will have a commercial video coming every Wednesday for the next several weeks. Feel free to check out the BiggerPockets bookstore for book options!
Residential is easier to get into but not necessarily easier to manage. For example, a bad apartment tenant can really hurt you if you don't have multiple units to buffer any losses or vacancies. Watch the whole video, he covers some this.
I wrote commercial p&c insurance as a wholesale broker in Houston for 20 years and these were always really tough to place. Not impossible, just tough. Carriers dont like the mix of res/comm exposures. Best of luck in the venture tho and hope your able to find good coverage at a reasonable rate.
@@TylerCauble so am I (the newer ones - Ive seen some pretty old rough ones). I really am not “that person” who wants to poo on someone’s thing they are excited about, and I normally don’t say anything, but its true that carriers dont like them. London will underwrite anything and they have a problem with them, which means your going to pay a higher rate than norm. Just budget for that.
Decisive Data Systems, they do MSP IT Solutions for SMBs. That’s small to med size businesses. Why would you contract to a MSP!? Well we offer our Elite Level of Engineers available to the SMBs. You see this is a service that normally was only available for High Performance Business Leaders on the Enterprise level. But with the transition into the Global Market, we want to be a leader and example of leveling the playing field for our Small to Medium Size Businesses. Reduce Downtime, Increase Efficiency and QBRs with Proactive Implementation Plans created specifically for helping you to scale and secure your business future. Connect with Simon from DDS if this resonates with you. Enhance Your FutureSELF!
TL;DR:
1. Get educated on CRE
2. Build relationships
3. Find a mentor
4. Find partners
I'm actually looking into a couple different commercial investments. One is a hospitality venture and one is a hospitality/bar venture that will also be a redevelopement concept that's going to be a rehabing of a neighborhood that desperately needs to be done. Which could very well turn into some new storage units for the community as well
I've invested in vacation rentals over the last few years. With skyrocketing prices and the bandwagon jumping into short term rentals, I'd love to learn more about the least sexy asset class... warehouses. Zig when everyone zags.
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
The wealth you pass to the next generation can have a profound impact on your heirs, providing educational opportunities, the capital to start a business, or financial support to your grandchildren.
To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal. Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
can you endorse any ?
TERESA JENSEN WHITE does a perfect job. look her up on the web
thanks for the info . Found her website and it really impressive
i'm interested in investing in Multi-family.Taking in all the information possible to see where to start.Great content!
Having been in both residential and commercial markets since 2001, this is a great channel!
Would love to help as many people as I can, in either lane.
Newly Minted Subscriber
Which is better?
Hey, I’ve been interested in retail real estate for a while but I don’t know from where to start. Which books or podcasts would you recommend
@@annaparrilha, I would suggest searching Commercial Lending basics and then graduate to Commercial Lending underwriting. This will give you a comprehensive overview.
@@merrittpalmer4349, I would also suggest reviewing the comment I gave for Anna. If you are interested learning more about commercial lending.
@Marc Gamer would love to connect with you.
Brand new in this. Do you have a book suggestion to learn?
Thank you 🙏 for making this video !
This video is so great. Thank you so much!
Thanks for this very good, informative video!
I just started got offer a job as comercial real estates broker and looking forward to start finding people that want to invest in their future
Thx for the Video. Looking at investing in a 6 plex
Does buying commercial multifamily disqualify me as a first-time home buyer?
Storage unit investing is my dreammmmm. Could you link any pods, or TH-cam channels for learning purposes?
Those are great investments! As long as you live in a somewhat populated area.
Should i start with residential first before going commercial or can i go straight into commercial? And one more thing i don't like the idea of putting myself on a lease agreement and like going full cash so here my question,is it bad to go full cash or is leasing the better option for commercial real estate?
Don't use your money
If you own it then your not signing a lease... the tennant is.
Thank You. I am interested in warehouses, office buildings and LAND. Do You have any suggestions??
You are good !
I am just starting out. Interested in investing in apartments
I want to get started somewhere but it's so difficult
What about as a agent ? Idk what I should do commercial or residential? Especially in nyc 🗽?
I just started my journey in CRE and it's difficult it seems. First off, you need a hefty 30% down payment before u can entertain a deal. Is this negotiable at all? It seems pretty cemented. Would love to get others opinion.
I am looking into office condos in the Phx market and my wife and I live in SoCal. Primarily doing this to help with taxes and get some write offs.
Any advice from credible/seasoned investors? Greatly appreciated!
Most of the properties I've bought have been with 20% down. Also, in some instances you get get the seller to finance a portion on the note to get your DP closer to 10-15%.
Multifamily is the GOAT!
Do you use real estate agents as well in commercial ?
Typically they're commercial brokers who don't do anything on the residential side
Yes - commercial real estate brokers specialize in helping you buy, sell, and lease commercial properties and typically don't venture into the residential world since the asset types are so different
I would love to get into hospitality and commercial property with residential above it.
Mixed-use properties are the future! They're better for neighborhoods, tenants, and it helps you diversify your holdings across different tenant types
Yes more of this please! Also if you’re a first time RE investor would you suggest starting with residential before commercial to get experience?Or can go right into commercial with the right information?
We'll definitely keep them coming! If you're a first time real estate investor, I highly recommend finding a partner that has commercial experience that can show you the ropes. That's how I got into both syndication and development and it definitely helped me jump ahead in the business
Thank you for the easy to understand explanation of commercial real estate investing and the awesome tips!!
Glad you enjoyed it!
Bigger pockets needs a commercial real estate podcast, host....drum roll.... Brandon long hairs Turner!
Hell yeah Tyler. I’ve loved the videos on your channel and it’s awesome seeing you get a spot with your own BP video. Keep killing it man.
I appreciate that, Mitchell! Glad you're liking the videos
Great video. Easy to understand.
Thank you Tyler!
Absolutely, Damian! Hope you're doing well
Love this video! Great seeing you on BP, you're an absolute pro!
I'm studying this things here in Brazil.
Hey here from Korea im so impressed by your persoective as current commercial real estate fund manager. Hope keep seeing and communicating your opinion.
Can biggerPockets help me with a Proof of funding letter to attach to my offer on property???
Thank you for that overview! I would like you to go over some of the titles of the books you recommend! 📚 as well as the links to best TH-cam 🎥 videos for getting the meat 🍖 & potatoes 🥔 of real estate & commercial real estate. I know your “Videos” section is loaded with great podcasts from the past, but I want to see if you have specific ones “PINNED” in some way, highlighting the best strategies from start to finish. Thanks!
Tyler will have a commercial video coming every Wednesday for the next several weeks. Feel free to check out the BiggerPockets bookstore for book options!
More of this please
Every Wednesday for the next serval weeks, we will have a video from Tyler :)
@@biggerpockets that's awesome. Will you all start doing a bigger pockets commercial real estate podcast as well?
@@Munchy05 stay tuned for more! We'd love to bring more CRE content your way
@@TylerCauble I'm following your channel as well. But love to get more and would even be willing to talk more about my cre I have as well.
isn’t residential investing much easier??
Residential is easier to get into but not necessarily easier to manage. For example, a bad apartment tenant can really hurt you if you don't have multiple units to buffer any losses or vacancies. Watch the whole video, he covers some this.
It certainly can be, but commercial can offer higher returns, easier management, and a diversification for your portfolio
Mentors want half of the cake ?
I found a house/commercial just recently top floor has home lower floor business
I wrote commercial p&c insurance as a wholesale broker in Houston for 20 years and these were always really tough to place. Not impossible, just tough. Carriers dont like the mix of res/comm exposures. Best of luck in the venture tho and hope your able to find good coverage at a reasonable rate.
I'm a big fan of the commercially zoned homes - they have a lot of character
@@TylerCauble so am I (the newer ones - Ive seen some pretty old rough ones). I really am not “that person” who wants to poo on someone’s thing they are excited about, and I normally don’t say anything, but its true that carriers dont like them. London will underwrite anything and they have a problem with them, which means your going to pay a higher rate than norm. Just budget for that.
Decisive Data Systems, they do MSP IT Solutions for SMBs. That’s small to med size businesses. Why would you contract to a MSP!? Well we offer our Elite Level of Engineers available to the SMBs. You see this is a service that normally was only available for High Performance Business Leaders on the Enterprise level. But with the transition into the Global Market, we want to be a leader and example of leveling the playing field for our Small to Medium Size Businesses. Reduce Downtime, Increase Efficiency and QBRs with Proactive Implementation Plans created specifically for helping you to scale and secure your business future. Connect with Simon from DDS if this resonates with you. Enhance Your FutureSELF!